5459 Canotek Rd - Light Manufacturing CONDO FOR SALE


Gloucester, ON K1J 9M3
$1,415,000-$1,450,000 CAD
613-880-4106
5459 Canotek Rd, Gloucester, ON for Sale
$1,415,000-$1,450,000 CAD
Light Manufacturing CONDO - FOR SALE
1/4
4,800 SF | 8.28% Cap Rate

5459 Canotek Rd
Gloucester, ON K1J 9M3


HIGHLIGHTS

  • Concrete structural frame, brick masonry and contemporary exterior finishes.
  • 20' Ceiling clearance in industrial space, 8' ceilings in office space.
  • 200 Amp electrical service available.

OVERVIEW

Sale and lease-back opportunity in Ottawa's established Canotek Business Park. Unit 1 offers approximately 4,629 SF of versatile space, including 1,195 SF of ground-floor office, 1,190 SF of bright second-floor office, and approximately 2,244 SF of warehouse space featuring 20-foot clear ceilings and existing high-bay storage racking. The warehouse has been extensively improved for temperature-controlled operations with two walk-in coolers/freezers (approximately 12' x 7' and 12' x 10') and a large walk-in freezer measuring approximately 23' x 17.5', making the property ideal for food-related, pharmaceutical, or specialized industrial uses. The building underwent significant capital improvements in 2021, including a new roof, new HVAC system, refreshed exterior paint, and newly paved and lined parking lot, providing a turnkey investment with minimal near-term capital requirements. The current owner is willing to lease back the entire ground floor at $10,000 per month (gross/all-inclusive), providing immediate rental income for an investor while leaving the 1,190 SF second-floor office available for new owner occupancy or lease to an additional tenant.

FOR SALE DETAILS

PRICE

$1,415,000-$1,450,000 CAD

CAP RATE

8.28%

# OF UNITS

2

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

28,800 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

IL 2 H(14)

APN/PARCEL ID

061460010022805,061460010022865

ASK ABOUT THIS PROPERTY

John ZinatiZinati Realty IncMore Info
613-880-4106

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John ZinatiZinati Realty IncMore Info
613-880-4106

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.